GRANITE RIDGE RESOURCES INC (GRNT)

US3874321074 - Common Stock

6.23  +0.22 (+3.66%)

After market: 6.23 0 (0%)

GRANITE RIDGE RESOURCES INC

NYSE:GRNT (9/27/2023, 3:15:01 PM)

After market: 6.23 0 (0%)

6.23

+0.22 (+3.66%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Chartmill FA Rating
Valuation
Growth
Profitability
Health
Dividend
Overview
Earnings (Last)08-10 2023-08-10/amc
Earnings (Next)N/A N/A
Ins Owners5.38%
Inst Owners7.54%
Market Cap840.07M
Shares134.84M
PE7.42
Fwd PE6.01
Dividend Yield6.98%
Analysts82.86
IPO11-06 2020-11-06
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GRNT Daily chart

Company Profile

Granite Ridge Resources, Inc. engages in the exploration, development, and production of oil and natural gas. The company is headquartered in Dallas, Texas and currently employs 2 full-time employees. The company went IPO on 2020-11-06. The company owns a portfolio of wells and top-tier acreage across the Permian and four other prolific unconventional basins across the United States. The company holds interests in wells in core operating areas of the Permian, Eagle Ford, Bakken, Haynesville and Denver-Julesburg (DJ) plays. The company owns an interest in approximately 2,357 gross (132.88 net) producing wells, 258,694. The Permian Basin extends from southeastern New Mexico into west Texas. The Permian Basin consists of mature legacy onshore oil and liquids-rich natural gas reservoirs. The Eagle Ford shale formation stretches across south Texas and includes Austin Chalk and Buda formations. The Haynesville Basin is a premier natural gas basin located in Northwestern Louisiana and East Texas. The DJ basin is a geologic basin centered in eastern Colorado stretching into southeast Wyoming, western Nebraska and western Kansas.

Company Info

GRANITE RIDGE RESOURCES INC

5217 Mckinney Avenue, Suite 400

Dallas TEXAS

P: 12143962850.0

Employees: 2

Website: https://www.graniteridge.com/

GRNT News

News Image6 days ago - Market News VideoThursday 9/21 Insider Buying Report: CECO, GRNT
News Image12 days ago - The Motley FoolWhy Granite Ridge Resources Stock Plummeted by 23% This Week

The shares sank to just over level of a secondary stock sale.

News Image15 days ago - Seeking AlphaGranite Ridge Resources shares slide on pricing secondary stock offering at $5.00 a share

Granite Ridge Resources (GRNT) has priced previously announced underwritten registered secondary offering by certain funds managed by Grey Rock Energy Management, LLC of 7.1 million...

News Image15 days ago - Granite Ridge Resources, Inc.Granite Ridge Resources, Inc. Announces Pricing of Secondary Public Offering of Common Stock
News Image16 days ago - Market News VideoMonday Sector Laggards: Oil & Gas Exploration & Production, Rental, Leasing, & Royalty Stocks
News Image16 days ago - Seeking AlphaGranite Ridge Resources plunges on 7.1M-share secondary offering (NYSE:GRNT)

Granite Ridge Resources (GRNT) said funds managed by shareholder Grey Rock Energy Management will sell 7.1M common shares in a secondary offering.

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